As part of the uninitiated agreement, companies have received export licenses in China in exchange for 15% of income received from this export.
Nvidia and AMD have entered into a agreement with Donald Trump’s administration agreement, which is intended to transfer to the US government 15% of income from sales of their chips to China in exchange for exporting licenses. The Financial Times reported, which refers to the resources familiar with the details of the agreement, including the representative of the American authorities.
According to information, Nvidia will transfer 15% of income from the sale of Chip H20, and AMD – from the MI308 model. According to people with knowledge, the Trump administration has not yet decided how to use the funds received. H20 export licenses began to be released on August 2 – two days after the Nvidia CEO meeting Jensen Juan with President Trump. So, the release of permits for AMD chips began.
Control control experts call like an agreement that has not yet occurred – earlier no American company has come up with a share of its income for the sake of receiving licenses. However, it fits Trump’s overall approach, when offering the business to make financial or production concessions to avoid tariffs or restrictions.
Nvidia and AMD did not deny the truth of an agreement. Nvidia said “following the policies established by the US government,” and Amd emphasized that he is acting in accordance with American laws and exporting politicians.
According to Bernstein analysts, before the introduction of Nvidia restrictions could sell nearly 1.5 million H20 chips in China in 2025 for $ 23 billion. The H20 was specially adapted to the Chinese market after the Joe Biden Administration limited the supply of advanced II chips.
We reminded, earlier reported that Nvidia was the first company in the story of a capitalization of $ 4 trillion.
Nvidia will sell 300 thousand chips in China – Media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.